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First-timers target Turkey

Thursday, 7 August, 2008

Turkey will experience a huge influx of first time visitors this year, claims one expert.

Ahmet Barut, head of the Turkish Hoteliers Federation, believes that the country will attract a massive number of first time tourists this summer.

He stated: "Many of the new arrivals will be people who have previously taken breaks in places such as Spain and Greece. The rising value of the euro against the pound has put some consumers off visiting these two destinations this year, and Turkey offers more favourable exchange rates."

Described as the 'Credit Crunch Bolt-hole' by The Times, Turkey has great value property in the coastal resorts from as little as £35,000 and proven capital appreciation rates of 15-20% per year in the best areas.

Dominic Whiting, editor of the Buying in Turkey guide, enthused: "Whether for investment or fantastic holidays in the sun, Turkish property offers a ray of light in these gloomy economic times. Thanks to a rapidly growing economy, increasing tourism and huge investment in the infrastructure of the coastal tourist areas, property in the Turkish resorts represents an excellent investment."

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